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that president obama offered him then. mr. boehner wants another bite at that 2011 deal, because back then, the president was offering to stop at $800 billion in new taxes. my prediction here right now is that in a few weeks or a few months, republicans are going to wish they could go back to 2012, right now, and get the deal president obama offered them a week ago, which only raised about $1.2 trillion in taxes. because here's what i think is going to happen now. if we get a small deal before we go over the fiscal cliff, either because harry reid and mitch mcconnell come to a deal in the senate, or because democrats jam the republicans in congress, it's mostly going to be about extending the bush tax cuts for the middle class, which will mean letting them expire for the rich. that will net somewhere around $600 billion in new tax revenue. the white house will pocket that. they will have got in three quarters of what they wanted last year, before even the negotiations had really kicked off. then we're going to go over the
that president obama offered him then. mr. boehner wants another bite at that 2011 deal, because back then, the president was offering to stop at $800 billion in new taxes. my prediction here right now is that in a few weeks or a few months, republicans are going to wish they could go back to 2012, right now, and get the deal president obama offered them a week ago, which only raised about $1.2 trillion in taxes. because here's what i think is going to happen now. if we get a small deal before...
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get this basic deal done that he's calling for. richard, one of the things that he said is that this is not how the american people do business. he said ordinary folks do their jobs. they need deadlines. and the fact that the lawmakers can't do it is boggling to many of them. so the president really trying to ramp up public pressure. this is something that we have seen him do in the past. a tactic that he has taken in the past to really try to get the public on his side to put the pressure on house republicans. >> kristen, thank you for all of your work tonight. >> joined now by joy reed and clarence page. let's just take a listen to what kristen was talking about. let's roll the tape. >> the president seemed to be much more comfortable today saying enough is enough. >> it did. he sounded like a man who knows he holds if not all the cards, a lot of them. he has the advantage here, the polls indicate, as with bill clinton and this showdown with newt gingrich. the public tends to blame republicans when this happens. especially now at
get this basic deal done that he's calling for. richard, one of the things that he said is that this is not how the american people do business. he said ordinary folks do their jobs. they need deadlines. and the fact that the lawmakers can't do it is boggling to many of them. so the president really trying to ramp up public pressure. this is something that we have seen him do in the past. a tactic that he has taken in the past to really try to get the public on his side to put the pressure on...
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Dec 28, 2012
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that seemed like we were going to have a deal, no problem. obama won the election. he'll hand them a plan. he'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geithner made a special trip all the way to john boehner's office on capitol hill. he delivered the plan to speaker boehner, a plan pretty much identical to the one president obama just won the election on. you might have thought that would have been leading, the problem would have been solved. not so much. >> flabbergasted. i looked at him, you can't be serious. i've just never seen anything like it. >> so when you said you wanted to be led, you just wanted a plan, that was a joke? so the white house agreed, then, no more leading, that was not what their partners in the house of representatives wanted. instead, white house and boehner entered into intense lengthy negotiations. and by the end of them they seemed really close to a deal. the white house had agreed t
that seemed like we were going to have a deal, no problem. obama won the election. he'll hand them a plan. he'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geithner made a special trip all the way to john boehner's office on capitol hill. he delivered the plan to speaker boehner, a plan pretty much identical to the one president obama just won...
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i have high hopes for president obama's second term. i have rying hopes for the reasonable republican party out there in the real world and ak churly deals with the real work of being big state governor, for example. so here we go. we've got to do something about guns, especially keeping guns from dangerous people. we have to do something about ir iran, yes, we have to. and we have to do something
i have high hopes for president obama's second term. i have rying hopes for the reasonable republican party out there in the real world and ak churly deals with the real work of being big state governor, for example. so here we go. we've got to do something about guns, especially keeping guns from dangerous people. we have to do something about ir iran, yes, we have to. and we have to do something
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Dec 24, 2012
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. >> nine days to get a deal done. house speaker boehner is in ohio. president obama in hawaii. >>> today we say aloha to an american hero, the late senator daniel inouye was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming. thousands of north texans visited local gun shows and stores this weekend where the most powerful weapons are costing more than ever. a gun dealer told our affiliate that an assault style weapon ran around $900. this week anywhere from 1500 to $2500 many in just a few minutes my conversation with a gun shop owner, several former police officers and a school safety expert who says the current call for bringing guns into schools for safety is in his words, borderline insane. >>> an estimated 87 million americ
. >> nine days to get a deal done. house speaker boehner is in ohio. president obama in hawaii. >>> today we say aloha to an american hero, the late senator daniel inouye was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>>...
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she's appointed to president obama's national commission on fiscal responsibility and reform. and she's currently a senior fellow at the brookings institution. thank you for being here tonight. >> happy to be here. >> you know much more about this than i do. you heard the intro, is there anything you want to add or correct anyway you see the fiscal cliff that you think people should know about? >> i thought your five points were good ones, especially the one about austerity, what we're talking about now is doing something really stupid as you said, and letting the wrong policies go into effect. too much deficit reduction, too quickly, and we could push the economy into a recession. that's just dumb. >> it is very dumb. now, you've been in many, many, many of these negotiations? you've been in the backrooms of a lot of the ongoing negotiations, now, do you think they have any chance of getting a deal before the first of the year? >> i'm always hopeful, but i'm less hopeful as every day passes. the problem is the rhetoric that's flying back and forth between republicans and demo
she's appointed to president obama's national commission on fiscal responsibility and reform. and she's currently a senior fellow at the brookings institution. thank you for being here tonight. >> happy to be here. >> you know much more about this than i do. you heard the intro, is there anything you want to add or correct anyway you see the fiscal cliff that you think people should know about? >> i thought your five points were good ones, especially the one about austerity,...
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obama wants to play hardball. but i think they'll have a different argument later in the year. >> i guess both believe it's better to go over the falls than cut a deal that's going to hurt them at home. tea party people don't respond to boehner or to cantor or mccarthy or any of them. somebody in the next tea party is going to be yelling from the back, you sold us out. i think that's why the tea party is never going to be functional. they don't really respond to getting things done. they respond to anger back home. >> i think 2014 democrats are also aware of these tax increases. they don't want to run in a state like pennsylvania with state like pennsylvania with these tax increases. these tax increases. that's why they want to run -- >> republicans. >> no democrats. that's why they want to run -- >> republicans. >> no democrats. if you're running 2014, you if you're running 2014, you don't want all these hikes on your shoulders. >> with the farmers and ranchers there paying more when it's a million dollars -- >>
obama wants to play hardball. but i think they'll have a different argument later in the year. >> i guess both believe it's better to go over the falls than cut a deal that's going to hurt them at home. tea party people don't respond to boehner or to cantor or mccarthy or any of them. somebody in the next tea party is going to be yelling from the back, you sold us out. i think that's why the tea party is never going to be functional. they don't really respond to getting things done. they...
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president obama put a deal on the table that made significant concessions to the republicans. if they had bought that deal, we would have bought about ten years of relative fiscal stability. i think we can still get around to making a reasonable deal after the deal. but this is a terrible way to govern and a terrible way to run our government. any business likes to have some way of planning. so do government agencies. by having these deadlines makes it hard for people who are trying to make the government work. >> always great to talk to you, my friend. thank you. >> thank you. >>> much more ahead as the nation inches forwards the everyone of the fiscal cliff. and at the top of the hour, david gregory's interview made news from "meet the press." that's coming up, too. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference.
president obama put a deal on the table that made significant concessions to the republicans. if they had bought that deal, we would have bought about ten years of relative fiscal stability. i think we can still get around to making a reasonable deal after the deal. but this is a terrible way to govern and a terrible way to run our government. any business likes to have some way of planning. so do government agencies. by having these deadlines makes it hard for people who are trying to make the...
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so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles. details of a shocking find in a gun buyback program. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth i
so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out....
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what can you tell us about this new fiscal cliff deal that president obama has sent over to senator leaders? >> well, the power of social media to get the word out. gop sources say in the conversation with the president, he indicated that he does have a bill he would like to bring forward to the hill today. they have not seen that. it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in hawaii that he wanted something that would be scaled down, not a massive grand bargain that would protect the current tax rate for people who earned less than $250,000 a year or perhaps a different figure if they reached that. but trying to protect the middle class. so officials here haven't seen it yet, but this is kind of today's volley in what has been this ongoing battle. house speaker john boehner has been saying the president must act and it appears the president is prepared to do that with another offer. and senate democrats would presumably be right on board with that. hopefully we will get details some
what can you tell us about this new fiscal cliff deal that president obama has sent over to senator leaders? >> well, the power of social media to get the word out. gop sources say in the conversation with the president, he indicated that he does have a bill he would like to bring forward to the hill today. they have not seen that. it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in...
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and president obama's message to his home state on marriage equality. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. >>> at some point the nego
and president obama's message to his home state on marriage equality. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our...
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president obama said a deal was in sight, but he slammed congress for stalling and for failing to reach a broader agreement. sources say the senate will try to vote tonight. we're not going to have a house vote tonight because the house has already adjourned until tomorrow, noon eastern time, which means we will not be able to solve this problem fully tonight if it gets solved at all. that's still not entirely clear. let's go to jessica yellin. if you've been watching over the last several hours, you get conflicting information. is there a deal or not? >> the white house is optimistic there will be a deal. republicans in the senate are confident there will be a deal. senate democrats are still holding out for more changes in this deal. and so right now, there's still that last haggling over certain sticking points that democrats want to see in this negotiation. and it's one of the reasons we understand that vice president biden is set to go up there. now, that's once the deal is done and sealed. the reason the vice president would go up there, it's to sort of sell the deal, basically, a
president obama said a deal was in sight, but he slammed congress for stalling and for failing to reach a broader agreement. sources say the senate will try to vote tonight. we're not going to have a house vote tonight because the house has already adjourned until tomorrow, noon eastern time, which means we will not be able to solve this problem fully tonight if it gets solved at all. that's still not entirely clear. let's go to jessica yellin. if you've been watching over the last several...
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if that's the case how long will president obama realistically have to deal with gun control and immigration not to mention his plans for infrastructure and even green energy? >> that's the problem. if you remember, right after the election, after latinos came out and overwhelming numbers to support democrats and president obama's re-election, the president said one of the first things i want to do in january is immigration. let's tackle that. there was a lot of disappointment among especially the latino community about the president's push on that. in the first term he was dealing with other things. he said we'll do that in january. then you had this terrible situation in sandy hook elementary school in connecticut. the president said one of the first things i want to do in january, i'm going to push on gun control. vice president biden is heading this commission and is supposed to come back with recommendations. yet you see vice president biden on the hill yesterday dealing with the fiscal cliff. if you're going to have two more months of positioning on the fiscal cliff, how deep does the
if that's the case how long will president obama realistically have to deal with gun control and immigration not to mention his plans for infrastructure and even green energy? >> that's the problem. if you remember, right after the election, after latinos came out and overwhelming numbers to support democrats and president obama's re-election, the president said one of the first things i want to do in january is immigration. let's tackle that. there was a lot of disappointment among...
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, something even president obama commented upon himself on monday. >> one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> and joining us now from capitol hill, democratic congresswoman debby wassermann schultz of florida who also serves as the dnc chair. thank you for joining me. >> thank you, mara. great to be with you. happy new year. >> in about an hour your conference meets on this bill. in attendance will be vice president joe biden. is it going to be difficult to sell your party on this deal? >> well, i think that we're going to come together in about an hour as a democratic caucus and hear the vice president out. there are a lot of good things in this bill that make sense and that i think it will ultimately earn the overwhelming majority of house democratic votes. we made sure that as we committed throughout this last campaign that we would not allow taxes to increase on 98% of americans that's in this deal. we made sure that we pushed off a really
, something even president obama commented upon himself on monday. >> one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> and joining us now from capitol hill, democratic congresswoman debby wassermann schultz of florida who also serves as the dnc chair. thank you for joining me. >> thank you, mara. great to be with you. happy new year. >> in...
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and a lot of liberals are arguing that obama caved and they don't like the deal that he negotiated and they might say, you know what, we're already over the cliff. let's wait for the new congress to get in the house. we'll start over. so this is pretty bad news if you think from the perspective of wanting a deal before thursday. >> if they start all over again, they could do it within a few days and my experience in washington, the longer you wait on a deal like, this the more complicated potentially you could get. >> they can't let us continue on the fiscal -- we've gone over the fiscal cliff. >> unemployment could go from 7.75% to 7.95%. >> the white house tried to do a grand bargain with boehner and revenue piece that's been kicked back to the house and the house is saying, forget it, forget it, we want these spending cuts, too. so everyone has to be in a room negotiating this thing. >> ryan, thank you. >>> the vice president joe biden has just weighed in on the confusion in the house of representatives. what is he saying? stand by. jessica yellin is over at the white house. 315 hor
and a lot of liberals are arguing that obama caved and they don't like the deal that he negotiated and they might say, you know what, we're already over the cliff. let's wait for the new congress to get in the house. we'll start over. so this is pretty bad news if you think from the perspective of wanting a deal before thursday. >> if they start all over again, they could do it within a few days and my experience in washington, the longer you wait on a deal like, this the more complicated...
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what president obama can learn from one of our founding fathers about wheeling and dealing. you are watching "the daily rundown" only on msnbc. becausey wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. >>> the opening bell just rang on wall street. you see numbers at the new york national guard there for that wonderful occasion to get their picture taken opening up the markets. the market is opening slightly higher following president obama's announcement that he
what president obama can learn from one of our founding fathers about wheeling and dealing. you are watching "the daily rundown" only on msnbc. becausey wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is...
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president obama on friday saying he would accept a deal as long as it does not allow taxes to go up on middle class americans, as long as it extends unemployment insurance and lays the groundwork for deficit reduction in the future. so there's sort of scaling back their expectations. house speaker boehner tried to get an alternative bill passed through the house last week. that failed. the focus shifts to the senate. reid and mcconnell will really be charged with trying to hammer out the fine details of that deal that can make it through the senate and through the house so that is the challenge moving forward. of course, president obama here in hawaii for his christmas cray case. he played some golf over the weekend. also, attended the memorial service for the late senator daniel inouye. thomas, on a much lighter note, he asked me had i taken my flip flops out last hour. i hadn't but i did since my work is wrapping up for you guys, flip flops are out and i'm ready to join those folks on the beach behind me. >> i'm very proud of you. i don't want to jinx this by talking about when you m
president obama on friday saying he would accept a deal as long as it does not allow taxes to go up on middle class americans, as long as it extends unemployment insurance and lays the groundwork for deficit reduction in the future. so there's sort of scaling back their expectations. house speaker boehner tried to get an alternative bill passed through the house last week. that failed. the focus shifts to the senate. reid and mcconnell will really be charged with trying to hammer out the fine...
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unemployment is the thing that president obama would most likely see attached to any deal. >> luke russert on this wednesday. >> take care. good to see you. >> new reaction to the fact that chuck hegel will be nominated by the secretary of defense. saying "give chuck a chance." friedman writing " because he has rather bluntly stated that his job as a u.s. senator was not to take orders but to advance u.s. interests, he is smeerd as an israel hater at beast and anti-semite at worst. here's what was said over the weekend about his possible appointment. >> i don't think he is going to get many republican votes. i like chuck. his positions, i didn't frankly know all of them. they are out of the mainstream and well to the left of the president. it will be a challenging nomination, but the hearings will matter. >> i have to study and i'm not going to comment will until the president makes his nomination. >> here's editor mark murray. you have known chuck schumer, that can't be a good sign. >> it wasn't for chuck hegel. no one has been officially nominated to defend secretary for president obama'
unemployment is the thing that president obama would most likely see attached to any deal. >> luke russert on this wednesday. >> take care. good to see you. >> new reaction to the fact that chuck hegel will be nominated by the secretary of defense. saying "give chuck a chance." friedman writing " because he has rather bluntly stated that his job as a u.s. senator was not to take orders but to advance u.s. interests, he is smeerd as an israel hater at beast and...
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right now to do a deal? >> reporter: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and
right now to do a deal? >> reporter: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what...
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. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the formula for how we solve this thing, then they've got another think coming. >> that midday news conference didn't go over well with a lot of republicans, and they said that the president's sometimes mocking tone, as they felt it was, could hurt the fiscal cliff deal in the house. >> as i sort out my impressions of the president's remarks as to whether to be angry or to saddened. we have the president of the united states go over and have a cheerleading ridiculing of republicans exercise. >> let's bring in democratic strategist and former edwards communications director chris ka fiance and republican strategist and
. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the...
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she said let's make a deal. her prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can think of is the last four years. i actually spent some of the time over the holidays for my sins reading bob woodward's book. and my overall reaction to all this is groundhog day. it's the same exact issues, some of the same players, same cautions of spending, entitlements, taxation, debt celling, what have you, nothing has changed. so what's so depressing to me is we've had four years or longer to wrestle with these issues. there's virtually been no signs on progress. here we are now with two more self-imposed ceilings. and increasingly, we've got a u.s. government that sticks a gun to its head. sor
she said let's make a deal. her prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can...
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do we expect something like that, obama, the deal maker, obama the praying mattist, to use democrats in the congress in that way, or not? >> i don't see their incentives as being that much different. i do think that president obama, the leader of the democratic party, really has the leverage. i don't -- i expect that if there is a deal, that democrats don't like, you'll hear grumbling from the democrats, but i would be very surprised if you hear outright revolt. what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some friction between even a democratic controlled white house and a democratic controlled house or a democratic controlled congress, there is s
do we expect something like that, obama, the deal maker, obama the praying mattist, to use democrats in the congress in that way, or not? >> i don't see their incentives as being that much different. i do think that president obama, the leader of the democratic party, really has the leverage. i don't -- i expect that if there is a deal, that democrats don't like, you'll hear grumbling from the democrats, but i would be very surprised if you hear outright revolt. what democrats in congress...
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leaders a smaller deal to avert the so-called fiscal cliff behind closed doors at the white house. i want to bring in white house correspondent kristen welker. >> reporter: i'm told pelosi and boehner left to come to the white house. in terms of the smaller deal, we have heard it would include a provision to extend the bush 'ra tax cuts for those making $250,000 or less and let them expire for those more than $250,000 and something that president obama has been calling for for a long time. it would also extend unemployment insurance benefits and stave off some of those deep spending cut that is are set to go in to effect and essentially mirrors what president obama outlined when he addressed the nation before leaving for the what ryan holiday. white house officials being very tight lipped of what specifically the president is going to do and will not confirm to put this smaller deal on the table so i think we're going to have to wait until the meeting wraps up for the specifics but speaking to republican aides with the house who say that this still rests with the senate, that repub
leaders a smaller deal to avert the so-called fiscal cliff behind closed doors at the white house. i want to bring in white house correspondent kristen welker. >> reporter: i'm told pelosi and boehner left to come to the white house. in terms of the smaller deal, we have heard it would include a provision to extend the bush 'ra tax cuts for those making $250,000 or less and let them expire for those more than $250,000 and something that president obama has been calling for for a long...
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president obama, of course, today had that sort of campaign-style event. he has waged this public campaign to pressure congress, not only republicans, but also democrats who have expressed some skepticism about this emerging deal that is coming together. so that is part of the president's tactic as well, to not only be working the phones behind the scenes, but also to hold these public events and, of course, he sat down with david gregory this weekend on quths meet the press." that's part of his calculation as well. >> let's talk more about the political calculation. for more reaction i'm joined by nbc's luke russert. good to see you, luke. >> how are you doing? >> i want to pick up on what mike was saying, even as we were on the air house republicans were watching us and sending him e-mails saying, listen, we don't have anything to vote on. is there a sense that members on both sides of congress are feeling some pressure from their constituents even as folks are preparing to go out and pop the champagne and celebrate the new year? >> reporter: oh, yeah, s
president obama, of course, today had that sort of campaign-style event. he has waged this public campaign to pressure congress, not only republicans, but also democrats who have expressed some skepticism about this emerging deal that is coming together. so that is part of the president's tactic as well, to not only be working the phones behind the scenes, but also to hold these public events and, of course, he sat down with david gregory this weekend on quths meet the press." that's part...
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on obama care. there's no way these guys are going to come to a deal, and the reason is this. the president has got the upper hand, and his most important partner is the weakest person in this, which is john boehner. john boehner is on the verge of losing credibility with his caucus. he can't take a deal to his caucus that will pass without the help of nancy pelosi, which will pull the entire deal to the left. so what they have to do is they have to go over the cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because now everybody is paying a hell of a lot more taxes and people are blaming the republicans, and now boehner can go to the caucus and maybe get 200 and a few votes and then with nancy pelosi pick off a few democrats and make some kind of deal. having said that, the best thing for the country is never to come to a deal because ed rendell is right. as a former governor, we don't operate with big
on obama care. there's no way these guys are going to come to a deal, and the reason is this. the president has got the upper hand, and his most important partner is the weakest person in this, which is john boehner. john boehner is on the verge of losing credibility with his caucus. he can't take a deal to his caucus that will pass without the help of nancy pelosi, which will pull the entire deal to the left. so what they have to do is they have to go over the cliff. we're just talking about...
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any deal would have to get enough votes to pass the senate and the house. >>> president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. >> the president says the law he's pushing will address assault style rifles, high capacity magazines and background checks. >>> the fiscal cliff, it's not the only deadline pressing on congress. a five-year farm subsidies bill that expired in september was never renewed. house and senate members did come up with a short-term extension to prevent prices from going through the roof in january. >>> a charter bus crashed today on interstate 84 near pendleton, oregon, killing nine people. it happened on this icy stretch of interstate. the bus skidded on t
any deal would have to get enough votes to pass the senate and the house. >>> president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it gets a lot of attention for a couple of weeks and...
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last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel the seat of the passed senator daniel inouye. he will leave hawaii for washington tonight and is expected to be sworn in sometime tomorrow afternoon. the democrats are wasting no time in the event harry reid needs the vote to avert the fiscal cliff. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the house has acted on two bills which collectively would avert th
last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel the seat of the passed senator daniel inouye. he will leave hawaii for washington tonight and is...
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obama offered before boehner tried to pass his disastrous plan b. >> again, the speaker can't take yes for an answer. the president has presented him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself. but again, i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they're going to do because he backed off even his own proposal. >> i know i need one, so here's one for you. here's a friendly user's guide on who has offered real solutions to each of the fiscal cliff issues. on taxes president obama's offer compromise, agreeing to $400,000 as the new cutoff point. speaker boehner tried to sell a million as the dividing line but couldn't get it past his own party. president obama is therefore offering his original position, $250,000 and below. on spending cuts president obama proposed $1.2 trillion, about equal to what he was asking in revenue. boehner passed draconian spending cuts in the house with no revenue component. on extended unemployment insurance, another c
obama offered before boehner tried to pass his disastrous plan b. >> again, the speaker can't take yes for an answer. the president has presented him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself. but again, i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they're going to do because he backed off even his own proposal. >> i know i need one, so here's...
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president obama as reported is in his native hawaii. before leaving washington, president obama urged congress to pass a mini plan that would preserve middle class tax rates. brianna keilar joins us live from hawaii. what do we think will happen as the holiday week rolls out? >> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still concentrates on making sure that income tax rates for those making a quarter million dollars or less don't go up. that said, it's really hard to see how at that rate senator mcconnell might allow some republican senators to support it or that some republican senators would even want to jump
president obama as reported is in his native hawaii. before leaving washington, president obama urged congress to pass a mini plan that would preserve middle class tax rates. brianna keilar joins us live from hawaii. what do we think will happen as the holiday week rolls out? >> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come...
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president obama and congressional leaders with trying to come up with this last-minute deal to avoid the so-called fiscal cliff, the massive tax increases and spending cuts to take place in four days. the president and vice president will be meeting with house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid, and minority leader mitch mcconnell. and watching all this, jessica yellin live at the white house. jess, what do we think is going to happen here? >> reporter: well, based on the expectations around town, the thought is the president and democrats will lay out an alternative, scaled-down proposal. and there will be discussions about what could be in the details of a proposal they could vote on, in theory, this weekend. the ideal outcome would be all the members agree to the terms of that deal. and then the two senators in the room agree that they can get their parties to bring it to a vote with no one filibustering it. and then on the house side, speaker boehner would agree that he will put it on the house floor for a vote on monday. and the
president obama and congressional leaders with trying to come up with this last-minute deal to avoid the so-called fiscal cliff, the massive tax increases and spending cuts to take place in four days. the president and vice president will be meeting with house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid, and minority leader mitch mcconnell. and watching all this, jessica yellin live at the white house. jess, what do we think is going to happen here?...
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said he was optimistic that a deal on the fiscal cliff could be reached. that might have been a mistake. ahead, more on the fiscal cliff and the dwindling hope that a deal can be reached. it's all part of our special coverage of the fiscal cliff crisis with me and ali velshi. ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking yo
said he was optimistic that a deal on the fiscal cliff could be reached. that might have been a mistake. ahead, more on the fiscal cliff and the dwindling hope that a deal can be reached. it's all part of our special coverage of the fiscal cliff crisis with me and ali velshi. ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein....
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a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that small of a number killed a deal. >> if you are buying a house or a car and one person said look, i'm going at $1 billion. usually split the difference and do the deal. this time around, that didn't happen. neither was hoping for this.
a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now....
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some of what you heard president obama say yesterday in his remarks. now mitch mcconnell's role has been obviously to -- he's been in touch obviously with house republicans. it's not as if he brokered a deal for senate republicans in a vacuum without considering the house. he brokered that deal very much considering what house republicans would accept. he didn't obviously want his republicans to be kind of joining in on something that didn't have a chance of passing the house. but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to do. and then coming up we're going to get the pulse of the people too. back in a moment. >>> we're all keeping a close eye on the house today to see e what those house members decide t
some of what you heard president obama say yesterday in his remarks. now mitch mcconnell's role has been obviously to -- he's been in touch obviously with house republicans. it's not as if he brokered a deal for senate republicans in a vacuum without considering the house. he brokered that deal very much considering what house republicans would accept. he didn't obviously want his republicans to be kind of joining in on something that didn't have a chance of passing the house. but at this...
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we will remember general schwartzkopf of up next. >>> deal or no deal? down to the wire as president obama and congressional leaders meet at the white house
we will remember general schwartzkopf of up next. >>> deal or no deal? down to the wire as president obama and congressional leaders meet at the white house
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i don't think it's a big deal that we have to work this weekend. >> it's not a big deal and you should all be working this weekend. listen, a few weeks ago it looked like speaker boehner and president obama were pretty close on a grand bargain. maybe not as big as should would hope. it looked like the president was saying, we'll raise that top rate and offer some entitlement reform. social security changes, cpi. some talk of raising the medicare eligibility age. now because of where we're at do you feel that the folks on the far right of your own party by not supporting the speaker have ended up undercutting their position and ultimately will get less of a good deal on issues they care about than they might have gotten otherwise? >> i think the country has missed a huge opportunity to solve the nation's problem and instead whatever comes out of the senate will be small ball, kick the can down the road. that's unfortunate because this is a big problem. i don't think the president and speaker were real close so i don't think my conservative colleagues have screwed anything up because the
i don't think it's a big deal that we have to work this weekend. >> it's not a big deal and you should all be working this weekend. listen, a few weeks ago it looked like speaker boehner and president obama were pretty close on a grand bargain. maybe not as big as should would hope. it looked like the president was saying, we'll raise that top rate and offer some entitlement reform. social security changes, cpi. some talk of raising the medicare eligibility age. now because of where we're...
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they could have taken a deal, could have take an deal in the summer of 2011 which would have been more favorable to them. they didn't do either. >> if obama is coming out and from what we're hearing he's not making a real offer. he's coming out with $250,000 staying with what he had before christmas. he's playing hardball. if he came out and was talking about a $40,000 tlshg hold, we could say these parties may be close to promise but i don't see that right now. >> we're getting breaking news that the president will make a statement at 5:45 in the briefing room so we'll stay tuned for that. robert, help me out here. how can boehner stay as speaker when it seems like his knees get cut out from him every day? >> is there some dissension within the house republican ranks, richard? sure. to really challenge boehner, you have to have a challenger and there are a lot of people in the house republican conference who are frustrated with the speaker, but they're not willing to run against him. you have big names like eric cantor and kevin mccarthy, number two and three, they're not even making
they could have taken a deal, could have take an deal in the summer of 2011 which would have been more favorable to them. they didn't do either. >> if obama is coming out and from what we're hearing he's not making a real offer. he's coming out with $250,000 staying with what he had before christmas. he's playing hardball. if he came out and was talking about a $40,000 tlshg hold, we could say these parties may be close to promise but i don't see that right now. >> we're getting...
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president obama, he cut his christmas vacation short to deal with this crisis. he arrived back from hawaii just a short time ago, and the senate also returning to work today hoping to come up with some kind of agreement. but time is running out. jessica yellin, she has the latest from the white house. we've got dana bash following the developments on capitol hill. i want to start off with you, dana. what do we know about a possible compromise on the senate siepd what they might be proposed in fairly short order? >> compromise, i'm not so sure we'll see that. but i was told by a republican senator and democratic senator that the pr indicated before he left for hawaii that he, the president, is expected to send a piece of legislation up today with his scaled back tax plan. that's something that the president outlined in general terms on the friday before he left for hawaii and since then what we've been hearing from republicans, particularly mitch mcconnell's office is we can't talk about whether we can pass anything until we actually see the legislation. so our u
president obama, he cut his christmas vacation short to deal with this crisis. he arrived back from hawaii just a short time ago, and the senate also returning to work today hoping to come up with some kind of agreement. but time is running out. jessica yellin, she has the latest from the white house. we've got dana bash following the developments on capitol hill. i want to start off with you, dana. what do we know about a possible compromise on the senate siepd what they might be proposed in...
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president obama has a $4 trillion deal on the table that would be balanced in terms of increasing the tax rates on the wealthiest americans. significant spending cuts and has even proposed more -- several hundred billion in entitlement savings. if we can come together and put together a balanced agreement, then we can avoid this. and move on to focusing on the job creation and getting the economy turned around that we should all be working together towards. >> but whatever happens, would it be fair to say that you've got much bigger fish to fry, so to speak, in the new year? i mean, it's not going to be the grand bargain. there's going to be a lot of talk of entitlements, we were talking to tom cole and he's saying democrats just don't want to do what they need to do about cutting back spending. we've got to stop spending. >> my friend tom cole knows that's simply not true. we have $4 trillion deal that includes billions of dollars in spending cuts on the table from president obama that democrats have been willing and ready to support. but look at what tom cole also said. look what he
president obama has a $4 trillion deal on the table that would be balanced in terms of increasing the tax rates on the wealthiest americans. significant spending cuts and has even proposed more -- several hundred billion in entitlement savings. if we can come together and put together a balanced agreement, then we can avoid this. and move on to focusing on the job creation and getting the economy turned around that we should all be working together towards. >> but whatever happens, would...